Real Estate News

The newly appointed Director-General, Ogun State Bureau of Land and Survey/Special Adviser to the Ogun State Governor on Land Matters, Mr. Wale Oshinowo, has said the government will no longer fold its arms and watch speculators take over its land and plans to reclaim all properties illegally acquired. Oshinowo, who stated this while inspecting government land within the Ilo-Awela-Onipanu axis ...

According to real estate news as reported in the Nigeria newspapers, the Lagos state government has pledged to make affordable housing possible for the people of the state. The government intends to achieve this goal by significantly reducing the cost of housing construction through utilizing locally sourced raw materials and building a lot of houses. In addition, the state government ...

South Africa, Egypt and Nigeria together account for almost 50% of Africa’s US$3.5tr economy, making these three countries difficult to ignore as part of an expansion strategy. However, these three nations also have weaknesses according to a recent report by South African-based Rand Merchant Bank (RMB). Although South Africa remains the dominant force on the continent, it is expected to ...

Introducing… The Harbour Estates, Mayfair-Lekki This is the best time to get this!                                   A friend of mine was still telling me the other day about how someone bought land in Lekki area for less than N1m in 2005, and now the land commands ...

Investors are looking to participate and partake of the opportunity to sell to Africa’s growing middle class with growing pockets. These investors are looking for the opportunity to participate in the growth of modern shopping malls and office blocks in sub-Saharan Africa. Launched October 24, 2013, African Land Investments (ALI) will invest in existing retail and commercial real estate assets across the ...

As a company, we (Realty Point Limited) endorse and embrace the definition of Corporate Social Responsibility as proposed by the World Bank when we embark on the social responsibility of becoming corporate citizens. Corporate Social Responsibility is the commitment of business to contribute to sustainable economic development – working with employees, their families, the local community and society at large ...

London-based Scarborough United Group Plc, SUGPlc, has announced it plans to invest N77.89 billion ($500 million US) in Nigeria’s real estate, leisure and football (soccer) services in the next six to nine months. Sheffield United, owned by Scarborough, is a major sports brand in the United Kingdom. Nairaland Forum and All Africa, two Lagos-based online publications, separately reported Scarborough United, ...

Talk show host Ellen DeGeneres and partner Portia de Rossi have made their next move in the real estate game. This time, the couple sold their Beverly Hills penthouse for a paltry $843,900 – at least paltry compared to their other real estate transactions. Only two weeks ago they listed their California ranch for $10.995 million before bumping up the ...

Lagos State governor, Babatunde Fashola, yesterday 10th April 2013, immortalised the former Secretary General of the Commonwealth, Chief Emeka Anyaoku, by naming the newly completed housing estate located in Ikeja Government Reserved Area (GRA), after him. Speaking at the commissioning of the Housing Estate, Fashola said the honour was in recognition of Anyaoku’s contributions to the development of the Nigerian ...

Governor of Lagos Fashola commissions Committee of Wives of Lagos State Officials (COWLSO) retiree villa for retired civil servants in the state. The  proposed total fund needed for the completion of the project was N285 million. The ceremony took place at the retirement villa at Lekki on Thursday 27th June 2013. The project began in 2010 and was completed 2013. ...